ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Strategic Relevance of Asian Economic Integration

The de facto creation of an Asian economic community appears to be already in the works though what is critically needed is political will and a real sense of community and commonality in east Asia. Three strategic models for more intensified economic and monetary cooperation between ASEAN+3 and India are presented in this paper. Either an intertwining web of free trade agreements consolidating an ASEAN+3 FTA, or a Japanese investment-led model, or a China/India inspired east Asian growth and consolidation model could be used to effectively integrate the region, though unlike Europe, the model would be more functional than institutional.

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